Visa and Mastercard near settlement with merchants, would lower fees
U.S. payment firms Visa and Mastercard are nearing a settlement with merchants by lowering fees stores pay and giving them more power to reject certain credit cards, the Wall Street Journal reported on Saturday (November 8, 2025), citing people familiar with matter. Visa and Mastercard would trim interchange fees, typically 2% to 2.5% per transaction, … Read more